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Prime Minister Modi has succeeded in adding a new zest and meaning to India-China relations with the visit of the Chinese President. However, it is evident that the full potential in trade and other areas of cooperation would not be realised unless peace and tranquility is restored on the border.
The hurried sense of negotiations taking place between the EU and India is becoming a cause of worry. The Indian government should tread cautiously so as to safeguard the domestic concerns and public interests at large. If structured well, the FTA can push up India's growth for the next decade.
Political interest in the deal is high, but bureaucratic hurdles won’t be easy to jump over
Experts identified trade in hydrocarbons and uranium as the two important cogs of bilateral energy cooperation
India and Thailand have long-standing civilisational ties shaped by centuries of cultural and commercial interaction. Despite the establishment of diplomatic relations in 1947, bilateral cooperation between them gained real momentum only after the Cold War, driven by shifting regional dynamics and deeper integration into multilateral forums. In recent years, mutual initiatives such as India’s “Act East” and Thailand’s “Act West” polic
This brief explores the factors informing the Donald Trump administration’s continuity on the US’s defence trade with India. The administration’s impetus to maintain US-India defence trade stems from factors like the ‘reverse revolving door’ policy that has increased the influence of US defence contractors, its ‘Buy American’ policy to boost US arms exports, and defence trade being construed as an incremental means to correct the bi
India’s economic and policymaking commentariat has focused on the factors that have inhibited India’s manufacturing growth. It is time they shift their focus to successful cases
In the Trump 2.0 era, India’s pivot toward bilateral trade deals with trusted Western economies has become a necessity rather than a choice.
Faced with trade imbalances and geopolitical friction, India is pivoting from overt dependence on China to a “China-plus-one” strategy anchored in resilience and regional realignment
After Brexit, UK-India trade ties can improve; Theresa May feting British Indians with an eye on polls.
This paper examines two types of waste on which India can explore transboundary waste-trade opportunities and challenges: farm-produce waste and municipal solid waste. Using lessons learnt from trade between other countries, the paper argues that while India can augment its economy through increased waste exports or imports, certain conditions must be met for India to benefit from sustained international waste trade practices. The paper recommend
As part of the Maritime Security Programme which was launched by then Chief of the Naval Staff Admiral Arun Prakash on 19th May 2006 at ORF Chennai, Observer Research Foundation, the National Maritime Foundation and the College of Naval Warfare, ORF Mumbai joined hands to conduct an International seminar at ORF Mumbai on 11th and 12th January 2007.
Until the country can address its own economic problems, agreements like the RCEP may do more harm than good.
Myanmar's bilateral engagement with India in trade has gained momentum since 2008 when political and economic reforms were launched in the former 'pariah' state. India-Myanmar trade has more than doubled in the last seven years and has crossed $2 billion in 2013-14,
The year 2013 ended on a note of strengthened confidence between Nepal and India. On 21-22 December 2013, the Inter-governmental Committee Meeting on Trade, Transit and Cooperation to Control Authorised Trade, between the two countries was held in Kathmandu.
After a long delay, the government has finally announced the much awaited new foreign trade policy, with thrust export promotion, reducing trade transactions costs, e-commerce, services exports and ease of doing business. It is a welcome relief to see that economic reforms on the trade front are back on track and in full swing.
With the South Korea-Japan spat escalating, it is unlikely that the US can play a mediatory role. The fallout of such dispute will affect the world economy
The world faces risks as hard power and geopolitics turn oceans and trade routes into theatres of conflict. Outcomes could reshape the global balance of power, but the toll taken on the world must be kept to a minimum. The last threads in the warp and weft of global ties mustn’t be allowed to snap.
Though India and Pakistan have been working on improving bilateral trade, the recent meeting of Experts' Group on Trade in Petroleum and Petrochemical Products come in the wake of the ongoing energy crisis in Pakistan.
The latest round of Trump tariffs got a tough response from Beijing. Chinese authorities declared that they would fight back against US plans at any cost.
As India assumes the G20 presidency, it has the opportunity to further the cause of mutually beneficial, rules-based international trade at a time when the world is facing a series of multiple and overlapping political and economic crises. This paper opens by describing a confluence of factors that together open a window of opportunity for India’s presidency to advance pragmatic engagement on trade, specifically in shoring up the multilateral t
India’s competitiveness in manufacturing and the success of ‘Make in India’ depend on its ability to produce high-quality products and services. Product quality is important for human health and consumer safety, as well as for protecting the climate and the environment. One way of ensuring that products and services meet certain standards is through technical regulations with mandatory compliance. However, technical regulations also have th
India has to weigh carefully the gains to be had from signing the treaty, which may mean making itself vulnerable to having its markets inundated with Chinese goods.
Against the backdrop of near failure of the World Trade Organisation's Doha Round, the FTAs with Asean in goods as well as in services and investment is expected to further help the integration of the Indian economy into the global economy. The pact with Asean also presents India with an opportunity to revive its own GDP growth.
This brief examines how transactional bilateralism has become a feature of American trade policy under Trump 2.0, and argues that economic coercion can lead to cooperation when the right structural conditions exist. Framed by the idea of ‘reciprocism’, it explores how cooperation can emerge among self-interested states when two conditions, namely, small-N participation and credible pre-play commitments that reshape incentives, are present. Th
With trade acting as a conduit between production and consumption, a post-Covid trade order must be built upon the principles of sustainability to curb the negative impacts on the ecosystem.
The African countries are set to launch the African Continental Free Trade Area or AfCFTA, the biggest free trade agreement in the world since the World Trade Organization was created in the 1990s. When implemented, the AfCFTA is projected to increase intra-African trade by 52.3 percent by 2022, from 2010 levels. In turn, higher trade levels can facilitate economic growth, transform domestic economies, and help the countries achieve the Sustainab
Unlike in other regions of the world, the value of intra-Africa trade has remained low over the years. Moreover, Africa accounts for just 2 percent of global trade. In 2021, African countries launched the African Continental Free Trade Area (AfCFTA), which aims to create a single African market for the free movement of goods, services, labour, and capital, and increase intra-African trade. AfCFTA may be able to provide Indian firms and in
This study discusses three major mega free trade agreements (the TPP, TTIP and the RCEP) and attempts to develop a strategy for India to navigate the repercussions engendered by these groupings and thereby safeguard India?s trade and sustain its economic growth.
Under the garb of a trade war, this is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne.
The US wants to thwart China’s technological ambitions as much as Beijing wants to foster them. The US delegation that went to China earlier this month, clearly signalled that it was not in it for just the trade.
In the backdrop of the Russia-Ukraine war, this paper explores the changing dynamics of the European Union (EU)-Central Asia relationship. It emphasises the growing significance of the Middle Corridor—also known as Trans-Caspian International Transport Route connecting South East Asia with Europe—as a potential alternative route for both the EU and Central Asia, particularly in the context of compliance issues, with sanctions on Northern Rout
In 2022, the Government of India is set to introduce the new Foreign Trade Policy (FTP) that will provide direction to the country's broader trade policy regime in the succeeding five years. This FTP will be more difficult to draft than the previous ones, for various reasons including the increased global pressure to address trade policy uncertainties, the need for alignment with the self-reliance mission, Atmanirbhar Bharat Abhiyan, and the tenu
The need for India-US trade to grow in bid to combat the recessionary tendency of the economy for a mutually engaging relationship
The UAE-Jordan CEPA marks a geoeconomic shift—leveraging trade, investment, and labour ties to stabilise Jordan and anchor regional security.
Russia’s war on Ukraine, interrupted value chains, and increased regionalisation are putting pressures on the already-strained multilateral trading system. Though a strong World Trade Organization (WTO) is needed to navigate these challenges, the organisation risks becoming irrelevant if far-reaching reforms are not implemented as soon as possible. In the short- and medium-term, WTO members must agree on limiting export barriers, especi